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Dec 31, 2012
12/12
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WBAL
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the spending cuts and tax hikes are expected to take effect. >> the night before the fiscal cliff. the senate gave up until tomorrow. >> there is still time to reach an agreement. >> they dropped the demand to cut social security. >> i am optimistic we can live move legislation and get this averted before tomorrow. >> the taxes will go up on most americans. huge cuts kick in. >> i think it is obvious president obama wants us to go over the fiscal cliff. >> president obama blamed republicans. >> they say the biggest priority is making sure they deal with the deficit in a significant way. they are behaving in a way that they're only priority is that the tax breaks for the wealthiest americans are protected. blacks mitch mcconnell is vowing to find out. -- >> mitch mcconnell is vowing to find out. >> can the senate veteran help congress tumble to a deal on the last day? >> if we do go off the fiscal cliff, congress would be more likely to make a deal. members could claim they are cutting taxes. >> thank you. if america does fall off the fiscal cliff on the first of the year, maryland
the spending cuts and tax hikes are expected to take effect. >> the night before the fiscal cliff. the senate gave up until tomorrow. >> there is still time to reach an agreement. >> they dropped the demand to cut social security. >> i am optimistic we can live move legislation and get this averted before tomorrow. >> the taxes will go up on most americans. huge cuts kick in. >> i think it is obvious president obama wants us to go over the fiscal cliff....
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Dec 24, 2012
12/12
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KGO
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. >>> and there are increased fears this morning about running off the fiscal cliff. the deadline for preventing tax hikes and government spending cuts is just one week from today. the president and congress return to washington later this week. it's likely they'll work right to new year's eve. one possibility is striking a deal on taxes but leaving the spending for later. >>> overseas now, where an american has been killed by an afghan policewoman. the attack took place at police head quarters in kabul. where there have been similar insider attacks, this is the first time a female security officer has been involved. >>> the nra is not backing away from its call for armed officers in our nation's schools. and the group vows to fight any effort by congress to strengthen gun control laws. now congressman chris murphy, whose district includes newtown, calls the stance "tone deaf and revolting." >>> a real christmas gift, it would be getting to where you're going on time today. storms are causing major travel trouble throughout the nation. it's not only trying to get thro
. >>> and there are increased fears this morning about running off the fiscal cliff. the deadline for preventing tax hikes and government spending cuts is just one week from today. the president and congress return to washington later this week. it's likely they'll work right to new year's eve. one possibility is striking a deal on taxes but leaving the spending for later. >>> overseas now, where an american has been killed by an afghan policewoman. the attack took place at...
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Dec 29, 2012
12/12
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WUSA
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we are now just three days away from the huge tax hikes and spending cuts known as the fiscal cliff. today, the president met with congressional leaders at the white house, but the action is now in the u.s. senate, where the republican and democratic leaders are trying to find some sort of compromise. but if they can't, the president is insisting on an up and down vote on his plan in both the house and senate. the vote in the news room tonight was to have gary nurenberg fill us in. gary? >> reporter: derek, how absurd is this? almost no one wants the country to see that combination of huge spending cuts and tax increases, but month after month after month, congress has been unable to cut a deal to avoid them. how absurd is this? so absurd the president is quoting yogi berra to describe it. >> this is deja vu all over again. america wonders why it is that in this town for some reason, you can't get stuff done in an organized timetable, why everything has to wait until the last minute. we're now at the last minute. >> reporter: the president spoke after a meeting where republican and d
we are now just three days away from the huge tax hikes and spending cuts known as the fiscal cliff. today, the president met with congressional leaders at the white house, but the action is now in the u.s. senate, where the republican and democratic leaders are trying to find some sort of compromise. but if they can't, the president is insisting on an up and down vote on his plan in both the house and senate. the vote in the news room tonight was to have gary nurenberg fill us in. gary?...
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Dec 28, 2012
12/12
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WUSA
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a deal to avoid the so-called fiscal cliff. in ten days across h board-spends cuts take effect. >>> if president obama and congress fails to reach an agreement the price of milk could lead sharply. john blackstone reports. >> who wants milk? >> me. >> me. >> me. >> reporter: with four children the rasmussen family in california drinks about five gallons a week on milk. if congress doesn't pass the bill, i would cost him $106. >> they have to have their milk. we might have to cut elsewhere. >> reporter: back then the process was more laborious and farmers needed a higher subsidy to cover their costs. dan sumner says the new price of milk will with far above what it now costs dairy farmers to produce it. >> it really will be chaos. >> reporter: so we would go back to this old farm bill which would force the government to buy milk at an extremely high price. >> that's right. >> reporter: this could be a windfall for dairy farmers. >> here's the problem. they don't want chaos. it sounds good, everybody will double or about triple t
a deal to avoid the so-called fiscal cliff. in ten days across h board-spends cuts take effect. >>> if president obama and congress fails to reach an agreement the price of milk could lead sharply. john blackstone reports. >> who wants milk? >> me. >> me. >> me. >> reporter: with four children the rasmussen family in california drinks about five gallons a week on milk. if congress doesn't pass the bill, i would cost him $106. >> they have to have...
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Jan 1, 2013
01/13
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WJLA
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the fiscal cliff negotiations delayed for two months. the idea that battle will be different than this one seems -- >> i would like it to. >> laughable. she makes a point that a lot of people make during these strugglings democracy is a method it always has been but plenty of people we spoke with say they are sick and tired of the mess and they are hope they don't think congress can do anything. >> some interesting comments out there. chris will be monitoring everything going on in the capitol tonight and will bring us updates in the next hour and a half. >> we go to the weather and our first forecast for 2013. steve rudin is in the weather center. >> not so bad here in the weather center. we're watching clouds and we had a few showers south of d.c. but those showers are pretty much gone with. 41 in dulles. the same in manassas. 44 at reagan national airport. if you're looking for the colder air, head out to the west. 27 in oakland, maryland. moisture is to the south of our area and it is going to continue to lift off toward the south i
the fiscal cliff negotiations delayed for two months. the idea that battle will be different than this one seems -- >> i would like it to. >> laughable. she makes a point that a lot of people make during these strugglings democracy is a method it always has been but plenty of people we spoke with say they are sick and tired of the mess and they are hope they don't think congress can do anything. >> some interesting comments out there. chris will be monitoring everything going...
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Dec 26, 2012
12/12
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FOXNEWSW
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if we're going to cut the size and scope of government perhaps we should go over the fiscal cliff so people will understand government spending is out of control and may start to ask questions being asked at the kitchen tables of every family, why we see christmas sales so low. they're saying how do we make major purchases? people are cutting back in personal lives, they want got to do the same. something else is playing into christmas sales being low. christmas itself is under attack. a lot of christian conservatives believe that if we're going to say happy holiday, perhaps those that think it's any other holiday should support the economy and they're not buying the gifts they used to buy. they do christian efforts locally in churches and talk to families about other things than gifts. >> we always say merry christmas here but stay on this here. if we do go over the fiscal cliff, yes, taxes will go up. molly outlined how much for every income level across the board. >> very hard. >> down the road, isn't it the only way we get our fiscal house back in order? >> that's what i'm hearin
if we're going to cut the size and scope of government perhaps we should go over the fiscal cliff so people will understand government spending is out of control and may start to ask questions being asked at the kitchen tables of every family, why we see christmas sales so low. they're saying how do we make major purchases? people are cutting back in personal lives, they want got to do the same. something else is playing into christmas sales being low. christmas itself is under attack. a lot of...
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Dec 28, 2012
12/12
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WJLA
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. >>> this morning, both sides, now, looming, four days from the fiscal cliff. everybody's taxes will be going up if we go over it. drastic budget cuts will be going into effect. and leaders in washington have finally agreed to talk. a meeting scheduled this afternoon at the white house. abc's chief white house correspondent, jonathan karl, telling us what we can expect. we want to take a listen to sound from both sides. the looks of things, no one may be getting too far down the road. first, let's listen to what senate minority leader mitch mcconnell said on the senate floor. >> i told the president we'd be happy to look at what he proposes. but the truth is, we're coming up against a hard deadline here. and republicans aren't going to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. >> meanwhile, the senate majority leader, now, had even harshe harsher words for gop leadership. >> the house of representatives is operating out the house of representatives. it's being operated with a dictators
. >>> this morning, both sides, now, looming, four days from the fiscal cliff. everybody's taxes will be going up if we go over it. drastic budget cuts will be going into effect. and leaders in washington have finally agreed to talk. a meeting scheduled this afternoon at the white house. abc's chief white house correspondent, jonathan karl, telling us what we can expect. we want to take a listen to sound from both sides. the looks of things, no one may be getting too far down the road....
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Dec 28, 2012
12/12
by
KPIX
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a deal to avoid the so-called fiscal cliff. in just four days across-the-board spending cuts take effect. >>> if president obama and congress fails to reach an agreement the price of milk could lead sharply. perhaps $6 per gallon. at issue is the farm bill and how much the federal government pays farmers. john blackstone reports. >> who wants milk? >> me. >> me. >> me. >> reporter: with four children the rasmussen family in california drinks about five gallons a week on milk. if congress doesn't pass the bill, i would cost him $106. that has dad sean rasmussen worried. >> they have to have their milk. we might have to cut elsewhere. >> reporter: without new legislation government prices revert back to 1939 levels. back then the process was more laborious and farmers needed a higher subsidy to cover their costs. dan sumner says the new price of milk would be far above what it now costs dairy farmers to produce it. >> it really will be chaos. >> reporter: so we would go back to this old farm bill which would force the government
a deal to avoid the so-called fiscal cliff. in just four days across-the-board spending cuts take effect. >>> if president obama and congress fails to reach an agreement the price of milk could lead sharply. perhaps $6 per gallon. at issue is the farm bill and how much the federal government pays farmers. john blackstone reports. >> who wants milk? >> me. >> me. >> me. >> reporter: with four children the rasmussen family in california drinks about five...
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Dec 27, 2012
12/12
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FBC
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can president obama come pack -- back and fix this fiscal cliff? >> no,e's decided he's not going to cut anything, anywhere. it's not a discussion. john boehner put the ball back in his court saying i'll ease up on taxes and he's not willing to cut significant spending. >> thank you very much. >>> fair and balanced. democratic congressman gregory meeks joins me live in the studio. you were feisty on the way in saying you and are going to to getting together on the house floor and sign a deal. no fiscal cliff. >> we have to work it out. it's bad for the country if we don't. i've talked to a number of friends from bothides of the aisle and we are hopeful it gets worked out. >> how can you work itut when the president himself, according to the "wall street journal" said -- speaker boehner came up with $800 billion and he said that doesn't cnt. >> it's clear we see what the problem is. the problem is, as the speaker indicated before we broke, he thought he had votes. so his plan b. the speaker said, and the majority leader said, i have the votes. we we
can president obama come pack -- back and fix this fiscal cliff? >> no,e's decided he's not going to cut anything, anywhere. it's not a discussion. john boehner put the ball back in his court saying i'll ease up on taxes and he's not willing to cut significant spending. >> thank you very much. >>> fair and balanced. democratic congressman gregory meeks joins me live in the studio. you were feisty on the way in saying you and are going to to getting together on the house...
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Dec 30, 2012
12/12
by
FOXNEWSW
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part of the looming fiscal cliff includes a painful dose of automatic spending cuts that would kick in just a few days from now. our military would be on the receiving end of a lot of it. a half trillion dollars in cuts over the next decade. it has a fancy name. it is called see -- sequestration. many warn of job losses and even the impact on the national security. now, the news on this from washington. >> harris, last friday when president obama rolled out his new plan for steering us away from the fiscal cliff there was a word he did not say. that word was sequester. it would cut $100 billion from the budget next year, half from domestic programs and half from defense programs. and now as the deadline draws close, experts are look at these cuts from a national security standpoint and warning one final time about their impact on the safety of our service members. >> it is going to affect the operational force that is deployed in terms of its you ability to maintain its equipment and get repair parts. that force is deployed around the world. it is not just the force in afghanistan that
part of the looming fiscal cliff includes a painful dose of automatic spending cuts that would kick in just a few days from now. our military would be on the receiving end of a lot of it. a half trillion dollars in cuts over the next decade. it has a fancy name. it is called see -- sequestration. many warn of job losses and even the impact on the national security. now, the news on this from washington. >> harris, last friday when president obama rolled out his new plan for steering us...
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Dec 28, 2012
12/12
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KPIX
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. >>> some hope tonight for talks at least on the fiscal cliff. we're just five days until the country tumbles into automatic tax hikes and spending cuts. the president has scheduled a meeting tomorrow with congressional leaders. cbs 5 reporter danielle nottingham on efforts to break the jam in washington. >> reporter: top congressional leaders are expected to meet with president obama at the white house friday. this would be the group's first face-to-face meeting since november 16, and a last-minute chance to avoid the so-called fiscal cliff. if no deal is reached, taxes will go up for nearly every american. senators reconvened thursday with tensions spilling over onto the floor. each side accused the other of stalling. >> speaker boehner is unwilling to negotiate. we've not heard a word from mcconnell. nothing is happening. >> the phone never rang. and so now here we are, five days from the new year. and we might finally start talking. >> reporter: senate majority leader harry reid skewered house speaker john boehner, charging he's more interest
. >>> some hope tonight for talks at least on the fiscal cliff. we're just five days until the country tumbles into automatic tax hikes and spending cuts. the president has scheduled a meeting tomorrow with congressional leaders. cbs 5 reporter danielle nottingham on efforts to break the jam in washington. >> reporter: top congressional leaders are expected to meet with president obama at the white house friday. this would be the group's first face-to-face meeting since november...
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Dec 30, 2012
12/12
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FOXNEWSW
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part of the looming fiscal cliff includes a painful dose of automatic spending cuts that would kick in just a few days from now. our military would be on the receiving end of a lot of it. a half trillion dollars in cuts over the next decade. it has a fancy name. it is called see -- sequestration. many warn of job losses and even the impact on the national security. now, the news on this from washington. >> harris, last friday when president obama rolled out his new plan for steering us away from the fiscal cliff there was a word he did not say. that word was sequester. it would cut $100 billion from the budget next year, half from domestic programs and half from defense programs. and now as the deadline draws close, experts are look at these cuts from a national security standpoint and warning one final time about their impact on the safety of our service members. >> it is going to affect the operational force that is deployed in terms of its you ability to maintain its equipment and get repair parts. that force is deployed around the world. it is not just the force in afghanistan that
part of the looming fiscal cliff includes a painful dose of automatic spending cuts that would kick in just a few days from now. our military would be on the receiving end of a lot of it. a half trillion dollars in cuts over the next decade. it has a fancy name. it is called see -- sequestration. many warn of job losses and even the impact on the national security. now, the news on this from washington. >> harris, last friday when president obama rolled out his new plan for steering us...
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516
Dec 27, 2012
12/12
by
KGO
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eye 516
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of the looming fiscal cliff deadline. it is now just five days away. is there any movement on either side? how many more times can we ask this question of abc chief white house correspondent, jonathan karl, joining us this morning. dare i ask, where we stand this morning? >> reporter: good news and bad news. the president's coming back to washington. the senate's coming back. they're ready to strike a deal. the bad news, josh, no progress whatsoever. and, in fact, the treasury department said that the government on monday will hit the limit of how much money we can borrow to run the government. they're going to do some extraordinary measures to keep us going until february. but things look grim. the one sliver of good news i can say on the substance is, the speaker's office tells me this morning there has been contact between the speaker of the house and the president, at least on the staff level. and they won't say whether or not the two men actually spoke. >> contact. hazahs all around. we heard a lot about taxes that w
of the looming fiscal cliff deadline. it is now just five days away. is there any movement on either side? how many more times can we ask this question of abc chief white house correspondent, jonathan karl, joining us this morning. dare i ask, where we stand this morning? >> reporter: good news and bad news. the president's coming back to washington. the senate's coming back. they're ready to strike a deal. the bad news, josh, no progress whatsoever. and, in fact, the treasury department...
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Dec 31, 2012
12/12
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KGO
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eye 136
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the fiscal cliff. the two senate leaders, harry reid and mitch mcconnell are working on a stop-gap bill. >> at some point it appears there are things that stop us from moving forward. i hope we're not there, but we're getting real close. >> i want everyone to know i'm willing to get this done but i need a dance partner. >> the legislation would prevent tax increase for roughly 98% of american workers, extend unemployment benefits set to expire for some two million people, and prevent a huge cut in payments to medicare doctors. >> we should go ahead and introduce legs that would make sure middle class taxes stay where they are and should be an up or down vote. >> a deal won't necessarily pass congress by monday night. if it doesn't, virtually everybody's income taxes will go up. the average family would pay an extra $3,462 in 2014. and farm programs would expire, potentially doubling the price of milk, and if congress doesn't pass new bill? >> we'll come back with a new congress on january 4th and the f
the fiscal cliff. the two senate leaders, harry reid and mitch mcconnell are working on a stop-gap bill. >> at some point it appears there are things that stop us from moving forward. i hope we're not there, but we're getting real close. >> i want everyone to know i'm willing to get this done but i need a dance partner. >> the legislation would prevent tax increase for roughly 98% of american workers, extend unemployment benefits set to expire for some two million people, and...
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Dec 30, 2012
12/12
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WTTG
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audrey barns has more on that fiscal cliff countdown. >> reporter: lawmakers summoned to the white house for an emergency summit to try to hammer out a deal to avoid the fiscal cliff and describe the talks as productive. they didn't produce an agreement. from the senate floor, words of optimism from minority leader mitch mcconnell. >> we're engaged in discussions, the majority leader and myself and the white house and in hopes that we can come forward as early as sunday and have a recommendation. >> reporter: harry reid took a cautionary town, perhaps to allay the fears of americans who are wonder how long going off the cliff will affect their paychecks. analysts say taxes on people making between 50,075,000 a year will go up an average of $2,500. >> whatever we go up is going to bem perfect. some people are not going to like it and some will like it less and that is where we are. i feel confident we have an obligation. >> reporter: president obama said that it's important for congress to vote on some type of package before it expires. >> if the agreement is not reached in time between s
audrey barns has more on that fiscal cliff countdown. >> reporter: lawmakers summoned to the white house for an emergency summit to try to hammer out a deal to avoid the fiscal cliff and describe the talks as productive. they didn't produce an agreement. from the senate floor, words of optimism from minority leader mitch mcconnell. >> we're engaged in discussions, the majority leader and myself and the white house and in hopes that we can come forward as early as sunday and have a...
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1.8K
Dec 26, 2012
12/12
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KGO
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and they can try once again to negotiate a deal to avoid the fiscal cliff by the end of the year. just about every american family will see their taxes increase on january 1 unless a deal is reached. but lawmakers are expressing very little optimism so far. meantime, the president spent christmas in hawaii, visiting a local marine base, thanking more than 100 troops and their families for their service. >>> and this morning, the taliban is claiming responsibility for a suicide bombing at a major u.s. base in eastern afghanistan. three afghans, including a guard at camp chatman were killed in today's explosion. >>> and back here at home, former major league baseball player andruw jones is free on bond this morning. he was arrested near atlanta early christmas morning on a battery charge, after police responded to a call about a domestic dispute with his wife. >>> and netflix, they are apologizing for a christmas outage in its video streaming service. yes, it happened on christmas, a little untimely. it took ten hours to resolve the problem, which affected subscribers across the cou
and they can try once again to negotiate a deal to avoid the fiscal cliff by the end of the year. just about every american family will see their taxes increase on january 1 unless a deal is reached. but lawmakers are expressing very little optimism so far. meantime, the president spent christmas in hawaii, visiting a local marine base, thanking more than 100 troops and their families for their service. >>> and this morning, the taliban is claiming responsibility for a suicide bombing...
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Dec 31, 2012
12/12
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WUSA
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eye 102
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. >>> we are now just hours away from going over the proverbial fiscal cliff. the two sides don't appear to be any closer to a deal if republicans and democrats can't come to an agreement taxes will go up on all americans january 1 and there will be spending cuts in just about every government agency. >>> vice president joe biden is going to take the lead for the democrats. mitch mcconnell for the gop. congress has come to an agreement on one issue. leaders of both parties announced sunday they have reached a deal to extend the 2008 farm bill for at least one more year. without a deal the agriculture secretary says americans would have been force today pay as much as $7 if a gallon of milk. but again, that has been averted. >>> we are watching your money. i know you are sick of hearing it but over the next few days the words fiscal cliff, you are not going to be able to avoid them. whether or not you think congress can pull off some sort of a compromise, one thing you need to be prepared for. for many of you, your paycheck will go down in the new year and here'
. >>> we are now just hours away from going over the proverbial fiscal cliff. the two sides don't appear to be any closer to a deal if republicans and democrats can't come to an agreement taxes will go up on all americans january 1 and there will be spending cuts in just about every government agency. >>> vice president joe biden is going to take the lead for the democrats. mitch mcconnell for the gop. congress has come to an agreement on one issue. leaders of both parties...
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Dec 27, 2012
12/12
by
FBC
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eye 67
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if we're going to cut the sizeia and scope of government, perhaps we should go over the fiscal cliff so people understand government spending is out of control and may start to ask the questions being asked at the f round table and kitchen tables ofam every family white christms sales are so low. they're saying how can i make a major purchases in this economye people are cutting back and want government to do the same thing but something else is playing into why you are seeing christmas sales go so low this christmas season. a lot believe if we are going to say happy holidays perhaps those people who say it is any other holiday should support the economy as a result they are not buying the gifts they need to buy. they are talking to their families about a other things tn gifts.e. eric: stay on this a little bit, if we do go over the fiscal cliff, texas will go up. going up for every income level across the board. but down the road, is that the only way we get our fiscal house back in order? >> we're back down to the law, this is only a fe if you shouldy for massive government is unfa
if we're going to cut the sizeia and scope of government, perhaps we should go over the fiscal cliff so people understand government spending is out of control and may start to ask the questions being asked at the f round table and kitchen tables ofam every family white christms sales are so low. they're saying how can i make a major purchases in this economye people are cutting back and want government to do the same thing but something else is playing into why you are seeing christmas sales...
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Dec 28, 2012
12/12
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WJLA
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eye 101
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frantic work under way with just four days left to pass a fiscal cliff deal and lawmakers are meeting again this afternoon to try to avert major tax hikes and spending cuts. the latest on what we can expect from today's efforts. >> the key players will give it one last shot. president obama and congressional leaders will meet this afternoon at the white house in a last-ditch effort to avoid a self-inflicted fiscal calamity. this is the first meeting between the power plays in six weeks. if they can't work out some kind of agreement automatic tax hikes and spending cuts will go into affected new year's day, which will impact most americans and will put the nation back into recession. >> we are coming up against a hard deadline. >> at today's meeting, president obama will push for a stop gap measure, a small deal that will at least prevent tax increases for those earning $250,000 or less. but even that seems unlikely. >> the american people have a right to be very upset with this congress. >> publicly, both sides have ratcheted up rhetoric, pointing the finger. >> john boehner seems to
frantic work under way with just four days left to pass a fiscal cliff deal and lawmakers are meeting again this afternoon to try to avert major tax hikes and spending cuts. the latest on what we can expect from today's efforts. >> the key players will give it one last shot. president obama and congressional leaders will meet this afternoon at the white house in a last-ditch effort to avoid a self-inflicted fiscal calamity. this is the first meeting between the power plays in six weeks....
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. >> to sell democrats on the fiscal cliff deal he made with senate republicans. it would keep taxes from rising on 98% of americans but raise rates on families making over $450,000 a year. president obama campaigned for a lower cut off. $250,000. but he claimed victory. >> keep in mind that just last month republicans in congress said they would never agree to raise tax rates on the wealthiest americans. >> reporter: but house speaker john boehner and his gop lawmakers might still not agree. >> the house stands adjourned until noon tomorrow. >> boehner sent house lawmakers home to celebrate the new year without a vote to avoid the fiscal cliff. >> listen, this is disgusting. and everybody involved should be embarrassed. >> off the cliff at midnight the economy could take a hit but senate leaders hope to counter that with a rare, strong, bipartisan vote. house conservatives could still reject the plan and keep america from climbing back up the cliff. i'm steve handelsman, news 4, capitol hill. >> again the senate is expected to vote on those bills sometime late to
. >> to sell democrats on the fiscal cliff deal he made with senate republicans. it would keep taxes from rising on 98% of americans but raise rates on families making over $450,000 a year. president obama campaigned for a lower cut off. $250,000. but he claimed victory. >> keep in mind that just last month republicans in congress said they would never agree to raise tax rates on the wealthiest americans. >> reporter: but house speaker john boehner and his gop lawmakers might...
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Dec 31, 2012
12/12
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WRC
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cliff. without a deal, automatic tax hikes and deep cuts in defense spending and other areas are set to go into effect at 34id night. right now the house doesn't expect to vote tonight, but house speaker boehner reminded measures to stay close to the capitol in case that changes. >>> celebrating on this new year's eve, some couples getting ready to tie the knott at midnight in maryland. those marges will officially become law legal in the state at 12:01 a.m. that has one couple from frederick plans their ceremony right down to the second. pirchlts whenever it says 12:01, wherever i am, i will say "you are married." >> i want to spend the rest of my life with her, and i want to tell the world that, and i should be able to. >> i'm excited and thankful we get to have this day. i'm just happy. >> reporter: couples wanting to get married will have to wait until wednesday as maryland courthouses are closed for new year's day. >>> there's other new laws taking effect in maryland. the first is the c
cliff. without a deal, automatic tax hikes and deep cuts in defense spending and other areas are set to go into effect at 34id night. right now the house doesn't expect to vote tonight, but house speaker boehner reminded measures to stay close to the capitol in case that changes. >>> celebrating on this new year's eve, some couples getting ready to tie the knott at midnight in maryland. those marges will officially become law legal in the state at 12:01 a.m. that has one couple from...
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Dec 31, 2012
12/12
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cliff deal. no deal will mean spending cuts and tax increases for millions of americans with fears that it could trigger another recession. ed henry has latest. >> happy new year. >> the house and senate back to work for a rare sunday session trying to figure out the fiscal cliff negotiations. a lot of talk, very few solutions so far. >> our membership is frustrated as the american people we're sworn to serve. >> none. votes that we'll be casting today have anything to do with these deadlines that we face in slightly more than 24 hours. we're here. we're ready. >> reporter: president obama sitting down for his first sunday morning talk show interview in over three years told nbc it is time to lawmakers to nail down a deal o. >> we don't yet see an agreement and now the pressure is on congress to produce. >> reporter: republicans and democrats going back and forth behind closed doors working through night trying to avoid some of the most painful tax hikes and spending cuts in our nation's history.
cliff deal. no deal will mean spending cuts and tax increases for millions of americans with fears that it could trigger another recession. ed henry has latest. >> happy new year. >> the house and senate back to work for a rare sunday session trying to figure out the fiscal cliff negotiations. a lot of talk, very few solutions so far. >> our membership is frustrated as the american people we're sworn to serve. >> none. votes that we'll be casting today have anything to...
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Dec 25, 2012
12/12
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CNNW
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the fiscal cliff which is the tax hikes, the spending cuts, each if they deal with the spending cuts and we're waiting to see what the measure will look like. i know what a hard-hitting white house reporter you are. i want to know whether it's apple kay, pumpkin pie or peekan pie for the president and first family on christmas day. any news on the menu? >> reporter: no, i am still waiting to find out. maybe we'll find out a little later today. you don't frequently find out until they have just released it, until the white house releases the information so we'll be standing by to let you know how the president spends his holiday. nothing on his public schedule, but, you know, he normally visits with troops so we're expecting he might do that today here in hawaii. >> that would be a wonderful way to spend christmas day. brianna keilar live from honolulu, hawaii, thanks. >>> other stories in the news, all day and all night this christmas people in newtown, connecticut are paying tribute to sandy hock's victims. a kindl is being lit for each children and 6 adults and volunteers are being
the fiscal cliff which is the tax hikes, the spending cuts, each if they deal with the spending cuts and we're waiting to see what the measure will look like. i know what a hard-hitting white house reporter you are. i want to know whether it's apple kay, pumpkin pie or peekan pie for the president and first family on christmas day. any news on the menu? >> reporter: no, i am still waiting to find out. maybe we'll find out a little later today. you don't frequently find out until they have...
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Dec 24, 2012
12/12
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WBAL
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as fiscal cliff talks drag into the 11th hour with $600 billion in tax hikes and spending cuts due to kick in early next year, lawmakers will get back to the table later this week after house speaker john boehner's plan b failed to get enough republican support for a vote last week. >>> still, the market has been resilient. despite friday's decline, the s&p 500 posted its best week in four. and with just five trading sessions left in 2012, the dow has advanced 8% while the s&p 500 climbed 13. the nasdaq has jumped 16%. >>> reports are due this week on pending home sales. sales of new homes and a look at home prices in the nation's 20 largest cities. >>> are you still not sure what to get for the person who has everything? new retail numbers show footwear was the fifth most popular gift on shoppers' lists on black friday. a year ago, shoes didn't even make it into the top ten gifts for the season. >>> good news for hollywood. attendance by moviegoers is up more than 5.5% so far this year. ticket revenue is projected to jump by 6% by the end of 2012 which would be the industry's biggest
as fiscal cliff talks drag into the 11th hour with $600 billion in tax hikes and spending cuts due to kick in early next year, lawmakers will get back to the table later this week after house speaker john boehner's plan b failed to get enough republican support for a vote last week. >>> still, the market has been resilient. despite friday's decline, the s&p 500 posted its best week in four. and with just five trading sessions left in 2012, the dow has advanced 8% while the s&p...
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Dec 31, 2012
12/12
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WUSA
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so over the next few days the words fiscal cliff will be pretty much unavoidable. there is one thing you need to be prepared for, for many of you, your paycheck will go down in the new year. and here's why. the payroll tax cut was cut by two percentage points over the last two years to give the economy a little bit of a nudge. experts say that tax holiday is come to an end and the small tax break adds up over the course of a year. the center on budget policy says it is about $100 billion that will come out of our paychecks collectively and go to the tax man. goldman sachs said it would shave off the economic growth and here is the impact on you. let's say you make $50,000 a year. that works out to be about $20 a week according to the urban tax policy center. 20 bucks doesn't feel like much, but if you do the math, it adds up to about a thousand dollars less that you are going to be taking home in your paycheck. and that hurts. >> and your bills are going up. 5:37. if you forgot to make new year's eve plans, we have a couple of ideas for you later this hour. >> plus
so over the next few days the words fiscal cliff will be pretty much unavoidable. there is one thing you need to be prepared for, for many of you, your paycheck will go down in the new year. and here's why. the payroll tax cut was cut by two percentage points over the last two years to give the economy a little bit of a nudge. experts say that tax holiday is come to an end and the small tax break adds up over the course of a year. the center on budget policy says it is about $100 billion that...
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Dec 26, 2012
12/12
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KTVU
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the president is cutting his vacation short to face the fiscal cliff. is he leaving hawaii for washington tonight. if lawmakers don't come up with a deal before the deadline your tax refund could be delayed by months. we are live in the washington bureau to explain more. >> reporter: brian the irs said without a deal as many as 100 million taxpayers may be forced to wait until march to file their tax returns. congress has to vote on the wealth tax and it needs to be adjusted for inflation. both partisay they would agree to it but it's all tied up in the fiscal cliff mess. tax filing season starts next week but the irs would put a hold on that for some. officials would wait for a deal in the new year instead of doing serious reprogramming to their tax system. filing would then be pushed back to march for millions. with refunds coming much later than usual. especially for those who plan on paying off credit card bills that often pile up after the holidays. now all of this could be avoided a deal before the deadline monday night but some long time lawmaker
the president is cutting his vacation short to face the fiscal cliff. is he leaving hawaii for washington tonight. if lawmakers don't come up with a deal before the deadline your tax refund could be delayed by months. we are live in the washington bureau to explain more. >> reporter: brian the irs said without a deal as many as 100 million taxpayers may be forced to wait until march to file their tax returns. congress has to vote on the wealth tax and it needs to be adjusted for...
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Dec 28, 2012
12/12
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WTTG
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they'll meet today at the white house to try and reach a deal on that so-called fiscal cliff. if that happens, it would trigger increases and massive spending cuts, likely sending the country back into recession. the president called the top four congressional leaders late last night. they'll meet at the white house this afternoon, trying to find a way to avoid that fiscal cliff. the house won't return to work until sunday evening and republican leaders say they could be in session until january 2nd, the day before the new congress is sworn in. democratic leaders say congress owes it to americans to be back at work, and republican leaders say it's senate leaders who have failed to act. both sides are blaming each other for pushing the nation to the brink. >> so-called senate bill that the majority leader is referring to passed with only democratic votes and despite his repeated calls for the house to pass it, he knows as well as i do that he himself is the reason it can't happen. >> we have four days to avert a crisis that could harm our fragile recovery, cost us another credi
they'll meet today at the white house to try and reach a deal on that so-called fiscal cliff. if that happens, it would trigger increases and massive spending cuts, likely sending the country back into recession. the president called the top four congressional leaders late last night. they'll meet at the white house this afternoon, trying to find a way to avoid that fiscal cliff. the house won't return to work until sunday evening and republican leaders say they could be in session until...
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Dec 28, 2012
12/12
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MSNBCW
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. >>> a fiscal milk cliff is looming. bears over the bruins in the holiday bowl. >>> good morning, even as the finger pointing continues on capitol hill this morning, new hope on a deal to avoid that fiscal cliff. president obama will be meeting with congressional leaders later today. danielle leigh joins us. >> that meeting in many ways a last opportunity for the president and congressional leaders to reach a deal and get something done before this year is over. if this meeting is unsuccessful it could seal this country's fate, as some developments yesterday. house members no longer on stand by. ready to come back sunday. to take a vote. when these tax cuts expire just about every worker is going to see their paycheck reduced. it's going to eliminate unemployment extensions and initiate spending cuts across the board. >> how will people see this in their paychecks and in their taxes? >> workers will feel it immediately in their paychecks. those paychecks will be reduced. those making 40,000, 50,000 are going to see 1700
. >>> a fiscal milk cliff is looming. bears over the bruins in the holiday bowl. >>> good morning, even as the finger pointing continues on capitol hill this morning, new hope on a deal to avoid that fiscal cliff. president obama will be meeting with congressional leaders later today. danielle leigh joins us. >> that meeting in many ways a last opportunity for the president and congressional leaders to reach a deal and get something done before this year is over. if this...
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Dec 31, 2012
12/12
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KTVU
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. >>> the government from going over the flip, yet as the -- fiscal cliff, both republicans said they will not vote tonight. they will reconvene tomorrow morning. >> the vote on spending cuts and tax high school thaksd prevent the u.s. from going -- hike, from -- going over the fiscal cliff, still in the final hours. >> the house and senate convened for rare sunday sessions in hoping of bridging major impasses. >> conversations and discussions continue and we remain hopeful that'll get a breakthrough. >> we'll pass a minimalist bill so that we won't go over the cliff and then i think we have to go from there. >> on nbc's meet the press, president obama made a final pitch for his plan to preserve bush era tax cuts for welt healthy americans. >> a mijor sticking point continues to be -- major annual sticking point, the threshold has waiverd from $250,000 to as high as millionion dollar. the country doesn't have a tax revenue problem. t has a spending problem. john boehner issued a statement saying republicans have made every effort to make the balanced agreement that the president promi
. >>> the government from going over the flip, yet as the -- fiscal cliff, both republicans said they will not vote tonight. they will reconvene tomorrow morning. >> the vote on spending cuts and tax high school thaksd prevent the u.s. from going -- hike, from -- going over the fiscal cliff, still in the final hours. >> the house and senate convened for rare sunday sessions in hoping of bridging major impasses. >> conversations and discussions continue and we remain...
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Dec 30, 2012
12/12
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WRC
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fiscal cliff hanger, lawmakers scrambling to make a deal to keep sharp tax increases an spending cuts from taking effect in 36 hours. can washington get it done? we'll find out where the president stands as he talks exclusively to nbc news. >>> moments of impact. dramatic new images of the moment when a passenger jet crashed off the runway in russia on to a roadway killing four people. ♪ >>> and, fishy thing, this london fishmonger whose sales pitch has turned him into an internet sensation. the viral video that has millions of people around the world hooked, today, sunday, december 30th, 2012. >>> from nbc news this is "today" with lester holt and erica hill >>> i'm erica hill. >> i'm carl quintanilla. >> all eyes on washington. a number of americans wondering this morning why lawmakers have not yet been able to reach a deal to avoid the fiscal cliff. president obama spoke exclusively to nbc's david gregory. we are going to get a preview of what he has to say just ahead. >> it has been just two weeks since the tragedy of sandy hook elementary in connecticut. a teenager in californi
fiscal cliff hanger, lawmakers scrambling to make a deal to keep sharp tax increases an spending cuts from taking effect in 36 hours. can washington get it done? we'll find out where the president stands as he talks exclusively to nbc news. >>> moments of impact. dramatic new images of the moment when a passenger jet crashed off the runway in russia on to a roadway killing four people. ♪ >>> and, fishy thing, this london fishmonger whose sales pitch has turned him into an...
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Dec 30, 2012
12/12
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WJLA
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of the fiscal cliff. cry from a grand bargain that democrats and republicans were hopeful about. will playe redskins tonight. the redskins can still get in with a loss, but they will need help in the early game. how many layers of burgundy and gold will you need to wear? dave is standing by. bulk if you are going out there. the few women snow showers from yesterday's storm. in the sunshine. 33 at dulles. we have windchill values in the 20's. l be a chilly day from to end.g our high temperatures will be .0's 2 40's about 33 degrees. the winds will start to subside in the overnight hours. lots of layers of burgundy and gold. of the year, seasonally cool. 42-46. may be a mix of rain and snow. thereafter, keep that lead burgundy.
of the fiscal cliff. cry from a grand bargain that democrats and republicans were hopeful about. will playe redskins tonight. the redskins can still get in with a loss, but they will need help in the early game. how many layers of burgundy and gold will you need to wear? dave is standing by. bulk if you are going out there. the few women snow showers from yesterday's storm. in the sunshine. 33 at dulles. we have windchill values in the 20's. l be a chilly day from to end.g our high temperatures...
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Dec 31, 2012
12/12
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WUSA
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. >>> meanwhile the final day of fiscal cliff negotiations. hopes of reaching a wide-ranging deal to avoid automatic tax increases and spending cuts is all but gone. without a plan in place by midnight it will cost americans an additional $536 billion. spending would be reduced by $110 billion, and the cuts would be felt in all areas of the government. economists have warned that going over the cliff would cause a spike in unemployment and trigger another recession. this morning the senate reconvenes with the aim of reaching a smaller deal one that might spare millions of americans from paying higher taxes. danielle nottingham is in washington with the latest. dab yell, good morning to you. >> good morning, terrell, vice president joe biden is now in on negotiations. senate minority leader mitch mcconnell reached out to him sunday night after talks with democrats stalled. but with just hours go until this deadline there are still obstacles standing in the way of even a watered down agreement. lawmakers left the capitol sunday night without a d
. >>> meanwhile the final day of fiscal cliff negotiations. hopes of reaching a wide-ranging deal to avoid automatic tax increases and spending cuts is all but gone. without a plan in place by midnight it will cost americans an additional $536 billion. spending would be reduced by $110 billion, and the cuts would be felt in all areas of the government. economists have warned that going over the cliff would cause a spike in unemployment and trigger another recession. this morning the...
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Dec 31, 2012
12/12
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WJLA
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and we are teetering over the fiscal cliff as lawmakers rates to prevent tax hikes and spending cuts before 2012 comes to an end. and a toddler is making waves on his snowboard. it is monday, january 31. i'm scott the income but cynne has the day off. -- i'm scott thune. the people have to bundle up? >> you have to bundle up above the clouds are moving in. it will help us at the midnight hour to keep the temperatures up. looking at up to 30's midnight. clouds will be moving in throughout the day. a couple more in the afternoon that we will have this morning. despite some of the cloud cover temperatures will be pretty good near average. some changes for new year's day. a little bit of light rain, maybe a little snow mix stand. but it is going to be light and only 30% chance. let's take a look at the few -- a few of the temperatures. this is the feels like temperature -- 23 in d.c. and the 40's this afternoon. mostly cloudy by 5:00. time for traffic with steve. >> let's start with a look at the map. still the accident northbound 28 centreville, virginia bank, cleanup continues, traffic
and we are teetering over the fiscal cliff as lawmakers rates to prevent tax hikes and spending cuts before 2012 comes to an end. and a toddler is making waves on his snowboard. it is monday, january 31. i'm scott the income but cynne has the day off. -- i'm scott thune. the people have to bundle up? >> you have to bundle up above the clouds are moving in. it will help us at the midnight hour to keep the temperatures up. looking at up to 30's midnight. clouds will be moving in throughout...
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Dec 28, 2012
12/12
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WJLA
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going over the fiscal cliff could send the economy into another recession. this is a live look from the white house. present obama is expected to speak in just a few minutes from now. as soon as he speaks, we will bring it to you live. "one life to live" and "all my children" may be coming back. >> new information about a mexican vacation marilyn monroe took 50 years ago. >> how do they get a chance to dance with beyonce on super bowl sunday. >> where drugs were found a local airport an turning now to entertainment news. bentz will have the chance to join beyonce on stage of the upcoming super bowl. -- fans will have the chance to join beyonce on stage of the upcoming super bowl. 50 people along with a friend will be selected to join the singer on stage. >> did your submission ready leon. -- get your submission ready leon. [laughter] the company prospect parka well-known soap actor tweeted denied that he has signed on to play his longtime "all my children" character. filming could begin as early as february. >> a new twist in the fbi's investigation into mar
going over the fiscal cliff could send the economy into another recession. this is a live look from the white house. present obama is expected to speak in just a few minutes from now. as soon as he speaks, we will bring it to you live. "one life to live" and "all my children" may be coming back. >> new information about a mexican vacation marilyn monroe took 50 years ago. >> how do they get a chance to dance with beyonce on super bowl sunday. >> where drugs...
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Dec 31, 2012
12/12
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KPIX
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. >>> also today is the final day of fiscal cliff negotiations. hope of reaching a wide-ranging deal in automatic spending increases and tax cuts is all but gone. spending would be reduced and cuts would be felt in all areas of the government. economies have warned that going over the cliff would cause a spike in unemployment and trigger another recession. this morning the senate reconvenes with the aim of reaching a smaller deal, one that might spare millions of americans from paying her taxes. danielle nottingham reporting now from washington. >> lawmakers are still working on it. >> i want everyo one to know i' willing to get this done but i need dance partner. >> the main sticking point between democrats and republicans continues to be over the threshold of tax increases. president obama campaigned on raising taxes on income over $250,000 while many congressional republicans have pushed back against any tax increases. president obama is placing the blame for the impasse on the gop. >> they say that their biggest priority is making sure that we
. >>> also today is the final day of fiscal cliff negotiations. hope of reaching a wide-ranging deal in automatic spending increases and tax cuts is all but gone. spending would be reduced and cuts would be felt in all areas of the government. economies have warned that going over the cliff would cause a spike in unemployment and trigger another recession. this morning the senate reconvenes with the aim of reaching a smaller deal, one that might spare millions of americans from paying...
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Dec 28, 2012
12/12
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WRC
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nothing to dance about tonight, but a meeting on the fiscal cliff just wrapped up at the white house. president obama and top congressional leaders were trying to come up with ways to avoid the tax hikes and spending cuts set to kick in next week. keith russell with more on the budget talks that ended about 45 minutes away. >> jim, the meeting started at 3:10 and ended at 4:15. the four congressional leaders left without speaking to the media. with $600 billion in tax hikes set to take effect new year's day. senior advisers said the president was set to make a small offer with the full support of reid and pelosi. nbc news has learned that a previous offered made by the president, the one that involved a tax increase for only those earning more than $400 is off the table. advisers say that was part of a bigger proposal that speaker boehner did not accept. it looks like the current proposal goes back to raising taxes on those who make more than $250,000. the proposal known as plan b didn't work. it will remain to be seen if the smaller plan will. either way the countdown to the if you y
nothing to dance about tonight, but a meeting on the fiscal cliff just wrapped up at the white house. president obama and top congressional leaders were trying to come up with ways to avoid the tax hikes and spending cuts set to kick in next week. keith russell with more on the budget talks that ended about 45 minutes away. >> jim, the meeting started at 3:10 and ended at 4:15. the four congressional leaders left without speaking to the media. with $600 billion in tax hikes set to take...
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Dec 24, 2012
12/12
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KICU
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i think in general people are concerned about the fiscal cliff. some people who donate to st. anthony's are concerned about what happens. others are concerns there's going to be service cuts. >>> volunteers from a fremont siek several were also at hand to pass out blankets for those who came indoors. >>> tonight a pointient poem written by a homeless man. >> tell you about a real poem. that is part of my life, writing. that poem just came to me. and i wrote it the way it came to me. >> a lot of parts touch my heart, touch home. but i have had friends that have died in the streets being homeless. >> every day you see things that shouldn't be. because people are lacking love. >> that is why it's so important to have people on the street who care about you. when you're out here at night and you're alone it's a frightening feeling. >> i met him in line waiting for a bowl of soup and a piece of bread and soon, we were inseparable. where he walked i walked. >> and he took his blanket and came over to me and wrapped it around my shoulders. i didn't know him. he didn't know me. but we
i think in general people are concerned about the fiscal cliff. some people who donate to st. anthony's are concerned about what happens. others are concerns there's going to be service cuts. >>> volunteers from a fremont siek several were also at hand to pass out blankets for those who came indoors. >>> tonight a pointient poem written by a homeless man. >> tell you about a real poem. that is part of my life, writing. that poem just came to me. and i wrote it the way it...
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Dec 29, 2012
12/12
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WTTG
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their heads off and it wouldn't help the medicare fiscal cliff. >> reporter: with time running out hopes for a grand bargain have diminished with talk now of a smaller deal that extend bush tax rate for the middle class and extends unemployment benefits but puts off major spending cuts and reform to entitlements like medicare. >> we're going to end up with a small kick the can down the road bill that creates another fiscal cliff to deal with this fiscal cliff. >> reporter: with expectations for a deal low, lawmakers are now talking about how to retroactively fix any damage done by going over the cliff in the new congress. in washington nicole collins, fox news. >>> we are, of course, going to have much more on the fiscal cliff negotiations coming up at 10:30. a republican and democratic strategist will face off here and talk about the prospects for reaching a deal. >>> a strike that could have shut down ports all over the east coast have been averted for now. the longshoremen union along the east coast and the gulf of mexico says it will extend its contract for the next 30 days. that ext
their heads off and it wouldn't help the medicare fiscal cliff. >> reporter: with time running out hopes for a grand bargain have diminished with talk now of a smaller deal that extend bush tax rate for the middle class and extends unemployment benefits but puts off major spending cuts and reform to entitlements like medicare. >> we're going to end up with a small kick the can down the road bill that creates another fiscal cliff to deal with this fiscal cliff. >> reporter:...
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Dec 28, 2012
12/12
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WJLA
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economy would go off a fiscal cliff. that's when automatic spending increases and spending cuts would take effect. -- a deal will not be easy, because both sides are involved in a high-stakes political blame game. >> we are here in washington working while the members of the house of representatives are out watching movies and watching the kids play soccer and basketball and doing all kinds of things. they should be here. >> i told the president we would be happy to look at whatever he proposes. the truth is we are coming up against a hard deadline. this is a conversation we should have had months ago. clerk democrats want to extend bush-era tax cuts to everyone except those americans making to a hundred $50,000 or more per year. many republicans are against any tax increases. -- democrats want to extend bush-era tax cuts to everyone except those americans making $250,000 per year. >> d.c. mayor vincent gray says the christmas eve killing on capitol hill is a rallying cry to put more police on the streets in city neighbo
economy would go off a fiscal cliff. that's when automatic spending increases and spending cuts would take effect. -- a deal will not be easy, because both sides are involved in a high-stakes political blame game. >> we are here in washington working while the members of the house of representatives are out watching movies and watching the kids play soccer and basketball and doing all kinds of things. they should be here. >> i told the president we would be happy to look at whatever...
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Dec 31, 2012
12/12
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WRC
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before the fiscal cliff. >> the senate stands in recess. >> reporter: the senate gave until tomorrow. >> there still time left to reach an agreement. >> reporter: house lawmakers headed home, dropping a command to cut social security and hope the senate sends them a deal with minimal tax hikes on the rich. >> i'm still optimistic that we can get this averted before the final hour here tomorrow. >> reporter: when the clock strikes 2013, taxes go up on most americans. huge defense cuts kick in, which some republicans claim barack obama favors. >> it's obvious the president wants us to go over the fiscal cliff. >> reporter: on "meet the press," president obama blamed republicans. >> they say their biggest priority is dealing with the deficit, but the way they're behaving is their only priority is making sure taxes don't go up on the rich. >> reporter: the senate minority leader says -- >> i'm willing to get this done. but i need a dance partner. >> reporter: enter vice president joe biden, called by mcconnell. can the senate veteran help congress stumble to a deal on the last day? if no
before the fiscal cliff. >> the senate stands in recess. >> reporter: the senate gave until tomorrow. >> there still time left to reach an agreement. >> reporter: house lawmakers headed home, dropping a command to cut social security and hope the senate sends them a deal with minimal tax hikes on the rich. >> i'm still optimistic that we can get this averted before the final hour here tomorrow. >> reporter: when the clock strikes 2013, taxes go up on most...
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Dec 31, 2012
12/12
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WRC
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we are less than 24 hours away from hitting the so-called fiscal a cliff right now. the house and senate are striking a deal oh avoid massive tax hikes and spending cuts. derek ward is live with more on what's happening today. >> the end is near. that's the end of the year, of course. what about the path that ends at the end of the fiscal cliff. senators should be back at it. the house reconvened this morning. such new year's eve appearances are on the hill. senate minority leader mitch mcconnell and joe biden kept in place to avoid $200 billion in tax increases. broad stroke spending cuts and domestic and defense spending. they would take effect gradually over a period beginning at midnight if the white house and congress can't reconcile their differences. it appeared to have been movement on the cost of living increases for social security recipients. opposition to the white house's proposed rate of increase was dropped but the common ground is even shaky. the fierce disagreement over whether the bush era tax cut with the top income earners should be allowed to exp
we are less than 24 hours away from hitting the so-called fiscal a cliff right now. the house and senate are striking a deal oh avoid massive tax hikes and spending cuts. derek ward is live with more on what's happening today. >> the end is near. that's the end of the year, of course. what about the path that ends at the end of the fiscal cliff. senators should be back at it. the house reconvened this morning. such new year's eve appearances are on the hill. senate minority leader mitch...
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Dec 30, 2012
12/12
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KGO
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we begin with that fiscal cliff hanger in washington, d.c. there are now just two days left until automatic tax hikes and severe budget cuts go into effect the. the president is urging them to reach a deal. senate leaders are working on a last-minute compromise. >>> a horrific accident in mississippi. six people including five children were killed when their suv plunged into a creek yesterday. the children were all related. police say four other adults including the parents of those children managed to escape. the vehicle that caused that accident is under investigation. >>> stunning video of a plane crash outside of moscow, russia, the passenger plane overshot the runway and slammed into a highway yesterday. amazing video for that. the eight members on board were killed. no passengers on the plane and no one on the highway was hurt. the cause of that crash is under investigation. >>> and finally, a celebration at the vatican. about 40,000 young pilgrims from all across europe attended an open air mass conducted by pope benedict. they cheered
we begin with that fiscal cliff hanger in washington, d.c. there are now just two days left until automatic tax hikes and severe budget cuts go into effect the. the president is urging them to reach a deal. senate leaders are working on a last-minute compromise. >>> a horrific accident in mississippi. six people including five children were killed when their suv plunged into a creek yesterday. the children were all related. police say four other adults including the parents of those...
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Dec 24, 2012
12/12
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WMAR
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david kerley, abc news, washington. >>> and washington's other major problem is the fiscal cliff and yet no resolution just yet. the deadline for heading off tax hikes and spending cuts is now one week away. congress returns from a short holiday break on thursday and at least one senator expects negotiations to go up until new year's eve. one possibility is a partial deal on taxes and putting off spending for later. >>> also new insight this morning into mitt romney's failed run for the white house. comments coming now from his eldest son. tag romney tells "the boston globe" that his dad never actually wanted the top job and he was reluctantly convinced to run for president. "he wanted to be president less than anyone i've met in my life" is what tag said, direct quote. he went on to say that his father is a very private person who simply does not like attention. that's a stunning remark, the money, the time, the scheduling, the scrutiny, the investment. the people around you who come along for the ride. if you don't really want it, why would you jump and devote two years of your lif
david kerley, abc news, washington. >>> and washington's other major problem is the fiscal cliff and yet no resolution just yet. the deadline for heading off tax hikes and spending cuts is now one week away. congress returns from a short holiday break on thursday and at least one senator expects negotiations to go up until new year's eve. one possibility is a partial deal on taxes and putting off spending for later. >>> also new insight this morning into mitt romney's failed...